Thursday September 02, 2010

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    AIMCo says it was approached as possible player in bid for PotashCorp

    CALGARY - Alberta pension fund manager AIMCo says it has been approached by some government wealth funds and others to make a bid for fertilizer giant PotashCorp. (TSX:POT)....

    posted: September 2,2010





    National Business

    Dell ends bidding contest over data-storage maker 3Par, will not match HP's $2.07B offer

    SEATTLE - Dell Inc. is walking away from a bidding contest with rival Hewlett-Packard Co. for data-storage maker 3Par Inc....


    3G Capital to acquire Burger King for $24 per share, or US$3.26 billion

    CHICAGO - Burger King Holdings Inc. (NYSE:BKC), America's perennially No. 2 hamburger chain, said Thursday that it is selling itself to little-known private equity firm 3G Capital in a deal valued at $3.26 billion....


    Canada's five biggest banks earned $4.8 billion in third quarter

    TORONTO - Canada's five biggest banks earned a combined $4.8 billion in third quarter profits, nine per cent more than last year, as they cashed in on strong growth in mortgages, consumer and corporate loans and other retail operations....


    TSX up, supported by miners, bank stocks even as TD narrowly misses forecasts

    TORONTO - The Toronto stock market was higher Thursday as further signs of U.S. economic growth helped lift commodity prices while bank stocks ran ahead even as TD Bank (TSX:TD) delivered quarterly earnings that narrowly missed...


    Better times ahead for Canada's oil companies with expected $8.4B profit in 2010

    CALGARY - A business think-tank sees rosier times ahead for Canadian oil producers, who are expected to reap $8.4-billion in profits this year as the world economy recovers from the recession and energy demand picks up....


    Genivar acquires Ontario engineering firm Pryde Schropp McComb Inc.

    MONTREAL - Genivar Income Fund (TSX:GNV.UN) said Thursday it has acquired Pryde Schropp McComb Inc., an Ontario-based firm specializing in engineering, project management, planning and software solutions for the aviation industry....








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